A token project launched on Solana has sparked discussions—their operational model has raised community concerns. According to analysis, the project builds a community foundation, deploys personal tokens for participants, and then engages in trading activities on the market. This structure has been criticized for potential risks, with some comparing it to a "reinforced bag strategy"—gathering retail investors' funds, creating liquidity, and then quickly cashing out.



Innovative token mechanisms like this are emerging frequently within the Solana ecosystem, but the underlying incentive structures often warrant in-depth scrutiny. Investors should fully understand the economic model and risks before participating in any emerging project. When the community discusses such projects, they should be especially cautious of the risks that the mechanism itself may pose.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
TxFailedvip
· 01-09 03:54
actually... "personal tokens for each participant" is just a fancy way of saying they're printing money right before the rug pull lol
Reply0
MissedAirdropAgainvip
· 01-07 21:56
It's the same old trick again. Projects like this on Solana keep popping up one after another. Luckily, I didn't get involved.
View OriginalReply0
BearMarketNoodlervip
· 01-07 21:55
It's the same old trick again. On Solana, they can release ten projects in a month, and the retail investors are still studying what economic model to follow. --- Basically, it's the same old story with a different flavor. Everyone's tired of liquidity mining, now they're playing with personal tokens? Wake up, everyone. --- Every time they say to be cautious, yet someone still rushes in. How many people have to learn their lesson this time? --- I just want to know how many new retail investors will be scammed this time; the data will be very interesting. --- Solana ecosystem innovation? I think this is a textbook case of creative rug pulls. --- Fast cash-out speed? That part is indeed not a lie, but it's just who they are cashing out from.
View OriginalReply0
SandwichVictimvip
· 01-07 21:45
It's the same old trick again. Projects like this on Solana are really annoying. Another money-grabbing scheme, the tricks are always the same. The personal token approach has been played out for a long time, nothing new. Isn't this just the market maker changing disguises to continue scamming? I just want to know who still believes in these things... It looks like a bloody trap, too obvious. Solana really needs to regulate this properly, all scam projects. Forget it, anyway, it's just about rushing in to get wrecked, nothing more to say. You can tell at a glance that this scheme is no good. I've seen through it long ago, no need to be cautious anymore, just stay away.
View OriginalReply0
BearMarketMonkvip
· 01-07 21:38
It's the same old trick again, the ways to scam on Solana are getting more and more diverse. --- Basically, it's just a disguised rug pull; retail investors are still dreaming. --- This looks like a carefully designed trap. Do people really dare to play? --- It's just a liquidity trap; it will collapse sooner or later. --- Every time they talk about innovative mechanisms, but it's just the same old trick to scam. --- I just want to know who can still make money from these projects, besides the project team. --- Alert +1. These days, anyone rushing on Solana better brace for the worst. --- The idea of personal tokens is fundamentally flawed, with tons of mechanism vulnerabilities. --- The Solana ecosystem is so chaotic that it's not far from a platform-level rug. --- I really don't understand how these people keep rushing in; it looks fake at a glance.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)